Charter schools need budget cops

Tuesday, October 22, 2013

The trend, which is unfolding locally and statewide, points to an urgent need for more budget oversight from the state, as well as competing local school districts.

The latest evidence arrived last week when Margate's College Bound Academy of Excellence suddenly shuttered after failing to pay its rent. The 60-student school, which offered grades six through 12, was the third Broward charter school to close in the past month, the eighth to close in the last year.

The founder of the charter school, which opened earlier this year, did not notify the Broward district until after the school was closed down. And three months into the school year, five dozen families were left scrambling to find desks at other area schools.

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